Cayuga Lake Inn is well known for it’s bed and breakfast but not many people know the land it’s sitting on is ripe for grape growing. In fact, a new vineyard is currently in the works and will be opened early next year. Ithaca, NY after all is wine country and Cayuga Lake Wine Trail is the oldest and longest running wine trail in America.
Like Rochester is to Hollywood in film (Kodak, Film vaults) Ithaca is to Napa Valley in wine.
The Finger Lakes region is home to award winning wine country. Several awards as in over 5,000 national and international ones from established wine communities, organizations, and sponsor groups throughout the world.
Ithaca, NY is home to three wineries that have won “New York Winery of the Year” and 6 Governor’s Cups.
All of this has further influenced Ithaca New York’s positive LMI growth and has made real estate investors turn their heads to take another look at Ithaca, NY real estate investment opportunities.
Finding undeveloped, prime agricultural land comprised of rich soil is considered real estate gold to many investors following the current trend of investing in vineyards.